Economic Calendar and indicators of South Africa

Overview

Indicator Last Reference Previous Frequency
GDP q/q 0.1% 4 Q 2023 -0.2% Quarterly
Unemployment Rate 32.9% 1 Q 2024 32.1% Quarterly
CPI y/y 5.2% Apr 2024 5.3% Monthly
SARB Interest Rate Decision 8.25% 8.25%
Trade Balance R​7.273 B Mar 2024 R​13.335 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.05.30 09:30, ZAR, PPI m/m, Forecast: 0.3%, Previous: 1.1%
2024.05.30 09:30, ZAR, PPI y/y, Forecast: 4.0%, Previous: 4.6%
2024.05.31 06:00, ZAR, SARB Private Sector Credit y/y, Forecast: 3.98%, Previous: 5.18%
2024.05.31 06:00, ZAR, SARB M3 Money Supply y/y, Forecast: 7.46%, Previous: 6.85%
2024.05.31 12:00, ZAR, Trade Balance, Forecast: R​7.758 B, Previous: R​7.273 B
2024.05.31 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 1.7 K
2024.06.03 09:00, ZAR, Absa Manufacturing PMI, Forecast: 47.2, Previous: 54.0
2024.06.03 12:00, ZAR, Total New Vehicle Sales, Previous: 38.172 K
2024.06.03 12:00, ZAR, Total New Vehicle Sales m/m, Previous: -13.3%
2024.06.03 12:00, ZAR, Total New Vehicle Sales y/y, Forecast: -3.7%, Previous: 2.2%
2024.06.05 07:15, ZAR, S&P Global PMI, Forecast: 49.9, Previous: 50.3
2024.06.05 09:00, ZAR, RMB/BER Business Confidence Index, Previous: 30

Economic indicators

Market Last Reference Previous Frequency
CFTC ZAR Non-Commercial Net Positions 1.7 K 21 May 2024 2.7 K Weekly
GDP Last Reference Previous Frequency
GDP q/q 0.1% 4 Q 2023 -0.2% Quarterly
GDP y/y 1.2% 4 Q 2023 -0.7% Quarterly
Labor Last Reference Previous Frequency
Unemployment 8.226 M 1 Q 2024 7.895 M Quarterly
Unemployment Rate 32.9% 1 Q 2024 32.1% Quarterly
Prices Last Reference Previous Frequency
CPI m/m 0.3% Apr 2024 0.8% Monthly
CPI y/y 5.2% Apr 2024 5.3% Monthly
Core CPI m/m 0.2% Apr 2024 0.7% Monthly
Core CPI y/y 4.6% Apr 2024 4.9% Monthly
PPI m/m 1.1% Mar 2024 0.5% Monthly
PPI y/y 4.6% Mar 2024 4.5% Monthly
Money Last Reference Previous Frequency
Gross International Reserves $​61.795 B Apr 2024 $​62.323 B Monthly
Net International Reserves $​57.851 B Apr 2024 $​57.513 B Monthly
SARB Interest Rate Decision 8.25% 8.25%
SARB M3 Money Supply y/y 6.85% Mar 2024 5.71% Monthly
SARB Prime Rate 11.75% 11.75%
SARB Private Sector Credit y/y 5.18% Mar 2024 3.32% Monthly
Trade Last Reference Previous Frequency
Current Account R​-165.528 B 4 Q 2023 R​-34.377 B Quarterly
Current Account - GDP Ratio -2.3% 4 Q 2023 -0.5% Quarterly
Trade Balance R​7.273 B Mar 2024 R​13.335 B Monthly
Government Last Reference Previous Frequency
Consolidated Budget Balance R​-323.1 B R​-296.7 B
Consolidated Budget Balance - GDP Ratio -4.9% -4.7%
Business Last Reference Previous Frequency
Absa Manufacturing PMI 54.0 Apr 2024 49.2 Monthly
Building Permits m/m 1.6% Mar 2024 39.9% Monthly
Building Permits y/y -7.8% Mar 2024 -8.1% Monthly
Gold Production y/y -4.5% Mar 2024 -5.0% Monthly
Manufacturing Production m/m -2.2% Mar 2024 -1.0% Monthly
Manufacturing Production y/y -6.4% Mar 2024 4.0% Monthly
Mining Production m/m -5.0% Mar 2024 5.3% Monthly
Mining Production y/y -5.8% Mar 2024 10.3% Monthly
RMB/BER Business Confidence Index 30 1 Q 2024 31 Quarterly
S&P Global PMI 50.3 Apr 2024 48.4 Monthly
Total New Vehicle Sales 38.172 K Apr 2024 44.008 K Monthly
Total New Vehicle Sales m/m -13.3% Apr 2024 -1.1% Monthly
Total New Vehicle Sales y/y 2.2% Apr 2024 -11.7% Monthly
Consumer Last Reference Previous Frequency
FNB/BER Consumer Confidence Index -15 1 Q 2024 -17 Quarterly
Retail Sales m/m 1.4% Mar 2024 1.0% Monthly
Retail Sales y/y 2.3% Mar 2024 -0.7% Monthly